Question

_____________ is an event that occurs when one person consciously decides to induce another person to rely and act on a misrepresentation. a. Fraudulent misrepresentation b. Unilateral mistake c. Bilateral mistake d. Erroneous misrepresentation

Answer 1

Answer:

a. Fraudulent misrepresentation

Explanation:  

A fraudulent misrepresentation happens when someone deceives consciously another person who often enters in a contract with little or no knowledge :

A simple yet common example:

Someone may approach you at a store and when you purchase something to tell you that there is a "free" gift , while the cost of it is being included and charged-

All sorts of fraudulent misrepresentation have penalties which apply differently for the states in the Union. Some federal programs try to prevent fraudulent misrepresentation by informing users and people of these practices.